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Sold for $397,000
  • $397,000

    49 Silk Oak St, Lake Placid, FL 33852

    3beds
    1,856sqft
    Single Family Residence
    Built in 1965
    8,712 Square Feet Lot
    $433,700 Zestimate®
    $214/sqft
    $2,137 Estimated rent

    Home value

    $433,700

    $403,000 - $468,000

    $2,137/mo

    Zestimate® history
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    What's special

    Looking for an affordable lake home on one of the largest lakes in Florida, Lake Istokpoga, a Bass Tournament lake. This charming lakefront and canal front is in a location you'll fall in love with, at the end of the street in the cul de sac. Great permanent or rental investment home with Airbnb potential. Totally updated, wood plank flooring, wood ceilings and a cabin-like feel with many upgrades. This two-story home has 2 baths downstairs and two large bedrooms and a master bath upstairs. The property in the back on the water extends 85' to the island across the canal which has been cut and sprayed so you have an open view of the lake. The exterior of the home hardy board siding which is fire proof and made of cement, inside, tall vaulted ceiling adorned with tongue and groove beautiful rich wood. Upstairs, there is a nice 3'x14' balcony with hurricane proof double glass doors from the Master Bedroom overlooks Lake Istokpoga. Downstairs, the double sided electric fireplace is the center point of the foyer/living room and kitchen. The entry foyer is set up as the dining area now, but previous as a gaming room with pool table or a living room. On the other side of the fireplace is a cozy smaller family room with the water view and a guest bath. The kitchen is open to the home. Plus it has new appliances, the stove is convection for fast even baking and has an air fryer. There is a huge bonus room above the garage that could be the second bedroom, a bunkhouse for the kids, craft room, or a separate living room for upstairs. There is also a kitchenette upstairs between the two rooms. This home is perfect for fishing and the outdoor bird and wildlife lovers with direct lake frontage on Lake Istokpoga one of our premier "Big Bass" lakes, its also known for the submerged cypress trees, birds and many species of fresh water fish such as Crappie, Catfish, and Bluegill. Front vinyl fencing perfect for a dog run and ads a lot of character. Home is on a well including (optional to continue the service) Culligan as the water softener system ($68 per month). ADT Monitoring $38 a moth. Cameras are in place for additional security and can be turned on. This owner spent over $30,000 in updates, cleaning, AC Updates, Dock and Boat House updates and more.

    Zillow last checked:

    Listing updated:

    Listed by:

    Cheryl Oxsalida,

    RE/MAX REALTY PLUS

    Bought with:

    Denise Woodhull, 3269954

    The Pipal Group

    Source: HFMLS,MLS#: 300883Originating MLS: Heartland Association Of Realtors

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Primary bedroom
    • Level: Second
    • Dimensions: 12 x 14
    Bedroom 2
    • Level: Second
    • Dimensions: 21 x 18
    Bedroom 3
    • Level: Main
    • Dimensions: 10 x 12
    Bathroom 1
    • Level: Second
    • Dimensions: 6 x 11
    Bathroom 2
    • Level: Main
    • Dimensions: 7 x 7
    Bathroom 3
    • Level: Main
    • Dimensions: 4 x 5
    Dining room
    • Level: Main
    • Dimensions: 14 x 16
    Foyer
    • Level: Main
    • Dimensions: 15 x 15
    Garage
    • Level: Main
    • Dimensions: 18 x 22
    Kitchen
    • Level: Main
    • Dimensions: 15 x 11
    Living room
    • Level: Main
    • Dimensions: 13 x 16
    Porch
    • Level: Main
    • Dimensions: 31 x 10
    Porch
    • Level: Second
    • Dimensions: 14 x 3
    Heating
    • Central, Electric
    Cooling
    • Central Air, Electric
    Appliances
    • Included: Dryer, Dishwasher, Electric Water Heater, Microwave, Oven, Range, Refrigerator, Washer, Water Softener
    Features
    • Ceiling Fan(s), Cathedral Ceiling(s), Fireplace, High Speed Internet, Cable TV, Vaulted Ceiling(s)
    • Flooring: Laminate, Simulated Wood, Tile
    • Windows: Insulated Windows, Single Hung, Blinds, Drapes
    • Has fireplace: Yes
    • Fireplace features: Electric
    Interior area
    • Total structure area: 2,720
    • Total interior livable area: 1,856 sqft

    Property

    Parking
    • Parking features: Garage, Garage Door Opener
    • Garage spaces: 2
    Accessibility
    • Accessibility features: Hand Rails
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Rear Porch, Enclosed, Front Porch, Open, Deck, Patio
    • Exterior features: Deck, Patio
    • Pool features: None
    • Has view: Yes
    • View description: Lake
    • Has water view: Yes
    • Water view: Lake
    • Waterfront features: Bulkhead, Seawall
    • Body of water: Istokpoga
    • Frontage type: Lakefront
    • Frontage length: 29
    Lot
    • Size: 8,712 Square Feet
    Details
    • Additional parcels included: ,,
    • Parcel number: C33353001000000240
    • Zoning description: R1
    • Special conditions: None

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Two Story
    • Property subtype: Single Family Residence
    Materials
    • Frame, Concrete
    • Roof: Metal
    Condition
    • Resale
    • Year built: 1965

    Utilities & green energy

    • Sewer: None, Septic Tank
    • Water: Private, Well
    • Utilities for property: Cable Available, High Speed Internet Available, Sewer Not Available

    Community & HOA

    Community
    • Features: None
    HOA
    • Has HOA: No
    Location
    • Region: Lake Placid

    Financial & listing details

    • Price per square foot: $214/sqft
    • Tax assessed value: $336,858
    • Annual tax amount: $2,852
    • Date on market: 1/12/2024
    • Cumulative days on market: 97 days
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional,FHA,USDA Loan,VA Loan
    • Road surface type: Paved

    Price history

    DateEventPrice
    5/30/2024Sold$397,000$214/sqft
    Source: Public Record Report a problem
    4/19/2024Pending sale$397,000$214/sqft
    Source: HFMLS #300883 Report a problem
    4/3/2024Price change$397,000-9.8%$214/sqft
    Source: HFMLS #300883 Report a problem
    3/18/2024Price change$439,900-6.2%$237/sqft
    Source: HFMLS #300883 Report a problem
    1/20/2024Price change$469,000-6%$253/sqft
    Source: HFMLS #300883 Report a problem
    1/12/2024Listed for sale$499,000+23.2%$269/sqft
    Source: HFMLS #300883 Report a problem
    4/14/2023Sold$405,000-1.2%$218/sqft
    Source: Public Record Report a problem
    3/9/2023Contingent$410,000$221/sqft
    Source: HFMLS #291064 Report a problem
    2/9/2023Price change$410,000-1.3%$221/sqft
    Source: HFMLS #291064 Report a problem
    2/1/2023Price change$415,555-1.1%$224/sqft
    Source: HFMLS #291064 Report a problem
    1/5/2023Price change$420,000-7.7%$226/sqft
    Source: HFMLS #291064 Report a problem
    12/28/2022Price change$455,000-1.1%$245/sqft
    Source: HFMLS #291064 Report a problem
    10/29/2022Listed for sale$460,000+217.2%$248/sqft
    Source: HFMLS #291064 Report a problem
    3/24/2016Sold$145,000$78/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,821 +56.8%$298,229 +54.1%
    2024$2,437 -14.6%$193,475 -13.2%
    2023$2,852 +1.5%$222,870 +3%
    2022$2,811 -1.9%$216,379 +2.3%
    2021$2,867 +2.3%$211,583 +1.4%
    2020$2,803 $208,662 +2.3%
    2019$2,803 +2.2%$203,971 +1.9%
    2018$2,743 +0.8%$200,168 +2.1%
    2017$2,720 +4.4%$196,051 +3.7%
    2016$2,606 -18.3%$189,130 -1.9%
    2015$3,188 +21.3%$192,874
    2014$2,628 --
    2013-- --
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    Find assessor info on the county website

    Neighborhood: 33852

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Lake Placid Elementary
    • Middle: Lake Placid Middle
    • High: Lake Placid High

    Source: HFMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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